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Semiconductor in Military Aerospace Market Share

ID: MRFR//7325-CR | 168 Pages | Author: Sejal Akre| November 2023

The aviation industry is undergoing a significant transformation, moving away from old-fashioned, heavy, and unreliable cathode ray tubes (CRT) towards more modern, lightweight, and dependable liquid crystal display (LCD) panels. This shift in screen technology is bringing about positive changes for aircraft owners, providing better situational awareness, increased reliability, and a flight deck that is ready for the future. This change is driving an increased demand for semiconductors in the military and aerospace market. An example of this progress is seen in Honeywell's introduction of the DU-875 display.

Upgrading to advanced displays, such as the DU-875, brings several benefits. It leads to lower operational expenses, provides high-definition visuals for pilots, allows for quick one-day installations to minimize downtime, and offers the flexibility to change displays either individually or all at once. This transition to more advanced display technology is not only improving the efficiency of aircraft but is also shaping the future demand for semiconductors in the military and aerospace sector.

Semiconductor devices play a crucial role in various components of modern military and aerospace equipment, including computers, data processing units, data display systems, and aircraft guidance-control assemblies. The increasing investment in research and development (R&D) is creating numerous opportunities for the global industry. Moreover, there is a growing necessity to update airplane display screens as older cathode ray tubes become less practical.

As the aviation industry seeks significant fuel savings and emissions reductions, the demand for lighter and more sophisticated display panels is on the rise. This demand for advanced display technology is propelling the market for semiconductors used in airplane electronics systems. The need for more efficient and environmentally friendly solutions is pushing manufacturers to adopt the latest semiconductor technologies to enhance the capabilities of military and aerospace equipment.

The ongoing R&D efforts in the sector are contributing to the development of innovative semiconductor solutions that cater to the specific needs of aviation technology. These advancements not only address the limitations of outdated cathode ray tubes but also align with the broader goal of making aircraft more fuel-efficient and environmentally sustainable.

In conclusion, the aviation industry's transition from traditional cathode ray tubes to modern liquid crystal display panels is driving a surge in demand for semiconductors in the military and aerospace market. The benefits of this shift include improved situational awareness, enhanced reliability, and a future-ready flight deck. As aircraft owners seek to optimize operational efficiency and reduce environmental impact, the need for advanced semiconductor solutions in airplane electronics systems continues to grow.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018 - 2020
Forecast Period 2023-2030
Growth Rate ย 9.5% (2023-2030)
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